Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Creating a Forex trading strategy does not have to be a difficult. Today we will review the basics of spotting and trading price channels. Article Summary: Creating a Forex trading strategy does not ...
Ford Motor Company (NYSE:F) was sliding about 0.8% lower on Tuesday, heading into its first-quarter earnings report, which is set to print after the market close. On Monday, the legacy-turning-EV ...
Amazon.com, Inc (NASDAQ:AMZN) was trading flat in the premarket on Thursday after a bullish day on Wednesday, saw the stock rise 1.39%. The rise higher allowed Amazon to break up from a falling ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...
Technical trading strategies rely on many important factors, such as a trader’s ability to analyze security movements and recognize charting patterns. For those who are new to it, technical trading ...
Real-time pattern trading significantly simplifies the process of identifying optimal entry and exit points by scanning thousands of stocks and ETFs in minutes—an undertaking far beyond human capacity ...